Explore every episode of the podcast I 501(c) You - The Podcast for NonProfit Board Members
| Title | Pub. Date | Duration | |
|---|---|---|---|
| Before Joining a Board, be Passionate about the Mission with Gerhard Toth | 20 Aug 2024 | 00:23:49 | |
This week, we speak to Gerhard Toth, Business Banking Manager at GTE Financial. Gerhard currently serves as a board member for United Way Suncoast and Braden River Soccer Club. When it comes to board service, Gerhard is led by passion. He chooses organizations that he truly aligns with the mission. In this episode, Gerhard discusses the difference between 501(c)3 and 501(c)6 board service, the big decision Braden River Soccer Club made recently, and characteristics of a good board member. Timestamps: 00:00 Introducing Gerhard Toth 02:55 Why do you choose to serve on nonprofit boards? 04:40 Compare and contrast serving on UWS and Braden River Soccer Club 06:30 What is your role on the board? 10:16 How has serving on nonprofit boards helped you become a better leader? 12:10 501(c)3 vs 501(c)6 board service 13:45 Advice to potential board members 16:35 Big news for Braden River Soccer Club 20:20 In summary, it is about doing the right thing 22:20 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Visit us at: www.thecorleycompany.com/podcast | |||
| Revisit: How to Ensure Your Bylaws Protect You and Your Board with Cliff Walters | 13 Aug 2024 | 00:40:57 | |
As we approach episode 100, we think it is time to revisit some past episodes. This week, we revisit episode 32 with Cliff Walters. In this episode, we discuss the importance of bylaws with Cliff Walters of Blalock Walters, P.A. Cliff offers useful advice for people who are on a board or thinking about joining one. He covers important topics like how bylaws protect both the board members and the organization, explains the duties of board members, highlights risks they should be aware of, and discusses other key issues. Timestamps: 02:10 – Interview starts 02:35 – Cliff introduces himself 03:30 – The importance of bylaws 04:55 – The Articles of Incorporation 05:30 – Cliff’s by-laws philosophy 07:30 – Should you change the Articles of Incorporation or the bylaws for consistency? 09:30 – Is there one area you organizations can improve upon? 10:20 – Every board member should read the by-laws 11:33 – Key parts of the bylaws 13:07 – What committees do you recommend nonprofits have? 17:55 – How should ad-hoc committees be structured? 19:45 – How should committees operate? 22:28 – Cliff’s advice for board member tenure 25:29 – Cliff’s advice for officer tenure 27:45 – Roles and responsibilities of the board 32:15 – Areas of risk the board should be aware of 37:25 – Advice for those who might be interested in serving on a board 39:35 – Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Visit us at: www.thecorleycompany.com/podcast | |||
| Executive Director Retention Planning | 11 Jun 2024 | 00:06:35 | |
This week, we tackle the subject of executive retention planning. More specifically, the importance of performance plans, compensation, and bonus structure. High performers want to know how to improve, and they want compensation tied to performance. A problem comes when boards do not clearly define the CEO/ED's bonus structure or compensation plan. It is the board’s role to ensure proper compensation strategy. To do this, they must also complete executive performance assessments. Timestamps: 00:00 Retention planning 01:50 The importance of performance plans 03:55 Compensation and bonus structure Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| 990s, Audits, and Fraud Mitigation with Brian Carter, CPA & Jacob Kinsel, CPA | 04 Jun 2024 | 00:32:36 | |
This week, we speak with Brian Carter and Jacob Kinsel, both are CPAs at Mauldin & Jenkins. Together, Brian and Jacob provide a masterclass on the financial statements and audits for nonprofit board members. Including an overview of the 990, what boards should be aware of during the audit process, and how nonprofit boards can mitigate fraud. If you listen to any part of this episode, listen to 14:12, where Brian highlights 7 areas of the 990 board members should be aware of. Timestamps: 00:00 Introducing Brian Carter and Jacob Kinsel 02:35 What do board members need to know about the audit process? 05:00 When should an organization have a full audit? 07:20 Common misconceptions about an audit 09:00 The board’s role in the audit 10:20 Should the board engage the auditor? 11:20 What is a 990? 14:12 7 areas of the 990 the board should be aware of 20:45 What is the best practice for approving the 990? 22:50 What controls should be in place to prevent fraud? 27:20 Red flags board members should be aware of 29:20 Final advice for nonprofit boards 31:30 Recapping with Read Listen to the podcast on any of the following platforms: YouTube Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| 5 Observations of a High Performing Board | 28 May 2024 | 00:04:54 | |
Recently, I had the pleasure of facilitating a board retreat with a high performing, aligned, and productive board. In this episode, I discuss the 5 observations I have from working with this nonprofit board. Timestamps: 00:00 5 observations of a high performing board 01:20 Aligned on the mission 01:40 Understands its role 02:15 They were educated and prepared 03:00 Productive discussion 03:40 They had fun Listen to the podcast on any of the following platforms: YouTube Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| The Ultimate Guide for New Nonprofit CEOs with Brian Quail | 21 May 2024 | 00:37:02 | |
This week we speak with the author of "The Ultimate Guide for New Nonprofit CEOs", Brian Quail. Brian worked in nonprofits for 40 years, was a CEO for 25, and raised over $1 billion for his organizations across his career. In this episode, we focus on the 5 frameworks from Brian's book: “90 Days," “Your Team," “The Financials," “Donor Relationships," and “The Who." These 5 frameworks provide a new nonprofit CEO with the key to being a successful leader. Throughout the episode, Brian shares how he used these 5 frameworks to lead 3 different organizations over the course of his career. Contact Brian: brianquail.com Timestamps: 00:00 Introducing Brian Quail 04:00 Inspiration for writing the book 07:55 The first of the 5 frameworks: 90 Days 13:00 Analyzing your team, framework 2 17:45 Framework 3: The Financials 22:10 Framework 4: Donor Relationships 26:40 Framework 5: The Who 33:45 Final words 35:40 Recapping with Read Listen to the podcast on any of the following platforms: YouTube Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| It’s Time to Revisit Mission and Values | 14 May 2024 | 00:05:48 | |
July 1st brings in a new fiscal year for many nonprofit organizations. As we approach this time of transition, we discuss two ways to get your new board aligned. In your first board meeting with your new board, discuss the mission. What does the mission mean to each person? It is also important to discuss what is NOT the mission. Mission creep can be a dangerous factor to nonprofit organizations. This time of the year is also a good time to identify a set of values in which each individual can adhere to. If everyone is aligned, your impact will be increased. Timestamps 00:00 New fiscal year coming on July 1 01:40 Revisit the mission 02:35 What is not the mission? 03:45 Identify the values of the organization Listen to the podcast on any of the following platforms: YouTube Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Succession Planning is Your Responsibility with Kerry Diaz | 07 May 2024 | 00:33:58 | |
This week we speak with Kerry Diaz, a former practicing attorney, turned nonprofit CEO, board member, entrepreneur, and now nonprofit consultant. Together, we discuss Kerry's transition from board member to CEO, succession planning best practices, and traits that make an effective nonprofit CEO and board member. Contact Kerry: (561)-307-0844 Timestamps: 00:00 Introducing Kerry Diaz and her winding road to nonprofit consultancy 05:30 How did having a legal background help you in your career? 06:50 Did serving on the board help you become a better CEO? 09:00 Are you a better consultant because you have been a board member and CEO? 10:00 What are some succession planning best practices? 12:34 Who do you let know about succession planning? 15:25 Board succession planning best practices 19:30 What makes an effective board member? 20:45 What makes an effective CEO? 21:45 Board members coming from entrepreneurship 24:45 How often should a CEO/ED communicate with board members? 26:40 Board Chair-CEO relationships 27:40 Should you have personal/social friendships with board members? 30:30 Advice for nonprofit board members? 32:15 Reach out to Kerry 33:00 Recapping with Read
Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| What to do When a Board Member is not Pulling Their Weight | 30 Apr 2024 | 00:07:41 | |
There might come a time when a board member is not showing up for meetings, reviewing meeting materials, or being a good steward of the organization. It is the role of the board chair to step in and have a conversation with that board member. Remember, board members are volunteers, so a delicate balance has to be reached. Oftentimes, people feel obligated to fulfill their commitment as board members, but life gets in the way. People get busy. The board chair can offer a way for the board member to gracefully exit the board or step into a committee role. Timestamps: 00:00 What to do when a board member is not pulling their weight 01:35 It is the board chair’s responsibility to correct board member behavior 02:50 Do not be accusatory, this is a volunteer position 03:20 Sharing a personal experience 04:20 Do not let the behavior go unquestioned 05:45 What to do when a board member does not change Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| A board perspective from a nonprofit, for-profit, and government leader, the Honorable Alex Sink | 23 Apr 2024 | 00:37:37 | |
This week, we speak with the Honorable Adelaide “Alex” Sink. Alex served as Florida’s elected Chief Financial Officer from 2007 to 2011. Prior to elected office, Alex had a 26-year career at Bank of America where she served on several nonprofit boards. We discuss how serving on nonprofit boards helped her banking and political career, evaluating and eliminating conflicts of interest, and the power of relationships made through board service. To end the episode, Alex provides advice for how young professional women can begin giving back to their communities. Timestamps: 00:00 Introducing the Honorable Adelaide “Alex” Sink 03:55 Did the desire to give back start from a young age? 05:30 Sitting on boards during her banking career 07:40 What did you learn from serving on nonprofit boards that helped you in your career? 09:25 The importance of being engaged in the mission 12:25 If you are joining a board, you need to devote the time 16:45 Serving on boards as the CFO of Florida, evaluating conflicts of interest 19:55 Serving as the chair of Florida Healthy Kids 21:40 Difference between serving on a for-profit and nonprofit board 23:20 Advice to nonprofit board members - ask questions, speak up 26:20 What challenges should a nonprofit board member be aware of 29:00 Making connections through board service 30:20 Advice to young women about serving on a nonprofit board 33:45 Pick one thing to get involved in the community 34:40 Encouragement to be on a nonprofit board Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| 10 Tips for Mitigating Fraud | 16 Apr 2024 | 00:07:18 | |
A nonprofit's #1 currency is trust. Any fraudulent activity by a nonprofit agency negates this trust. The Board has a role and responsibility to minimize the risk of fraud. This week, we discuss 10 tips for nonprofit boards to help mitigate fraud in their organizations. Timestamps: 00:00 How nonprofit boards can mitigate fraud risk 01:40 #1-3 - Establish a Strong Ethical Culture, Implement Clear Policies and Procedures, Segregation of Duties 03:05 #4-6 - Regular Financial Oversight and Reporting, Board Oversight and Involvement, Independent Audit Committee 04:20 #7-10 - Whistleblower Policies, Regular Training and Education, Monitoring and Evaluation, Lead by Example Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Why You Should “Put Results First” by Creator and author Hal Williams | 09 Apr 2024 | 00:36:34 | |
This week, we speak with Hal Williams. Hal is the creator of Results 1st and the author of the new book “Put Results First”. Results 1st helps individuals and groups focus on results in each of their functions, activities, processes, and structures. Together, Michael and Hal dive into the 4 parts of the book, including discussions on defining success before designing a program, how to improve nonprofit accomplishment, and being “achievement based.” This book will help any nonprofit organization greatly improve their program results. It all starts with asking “so what?” Timestamps: 00:00 Introducing Hal Williams, Creator of Results 1st 02:50 Creating Results 1st 05:25 What does it mean to be “achievement based?” 07:25 Set targets and define success BEFORE starting a program 08:52 Tracking milestones for a program 11:40 “Hold the result constant, let the activity vary” 12:20 You need to ask “So what?” 18:10 Communicate by accomplishments 21:40 Part 2: How do you greatly improve nonprofit accomplishment? 25:30 Part 3: Practices that pull us away from our results 28:20 Board members are stewards of results 29:40 Part 4: Partnerships, Coalitions, Collaborations and DEI 34:00 How to get the book 35:35 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Serving on a board can help you better understand your community with Linda Dale, CPA | 06 Aug 2024 | 00:26:31 | |
This week, we speak with Linda Dale, CPA, board member, and board chair. Linda has served her community through board service for many years and is now serving as the board chair for Space Coast Health Foundation for the second time. Together, we talk about how being a CPA has led her to serving as treasurer on many boards, how understanding financials helps her execute her fiduciary duties, and advice for nonprofit board chairs. Timestamps: 00:00 Introducing Linda Dale, CPA and Board Member 04:15 Serving on a credit union board 07:05 How understanding financials has helped Linda’s board service 09:00 Serving as board chair as second time 11:30 Biggest challenges of being board chair 14:30 Understanding your community 19:00 Do you recommend joining a nonprofit board? 20:50 Advice for board chairs 23:55 Final advice 25:30 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| For-Profit vs Nonprofit: More than a Tax Status | 02 Apr 2024 | 00:10:29 | |
In recent interactions with nonprofit board members, there has been a difference in familiarity regarding the operational nuances between for-profit and nonprofit organizations. Given that many board members do not interact with the organization on a daily basis, there may be unintentional assumptions about how nonprofits operate. In this episode, we dive into the fundamental similarities and differences between nonprofit and for-profit organizations, with the goal of enhancing mutual understanding among all participants. Timestamps: 00:00 Introducing the differences between non-profit and for-profit organizations 01:20 Similarities 04:10 Differences Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| The Practice of Philanthropy with author Malcolm MacLeod | 26 Mar 2024 | 00:32:37 | |
This week, we speak with Malcolm MacLeod. Malcolm is a board chair, retired nonprofit CEO, lawyer, and author of the book entitled, “The Practice of Philanthropy: A Guide for Foundation Boards and Staff.” Malcolm's book is the culmination of 19 years of experience spent as the president and CEO of the Johnson Scholarship Foundation. Those 19 years were not all smooth sailing. Malcolm had to learn by trial and error. He wished he had a reference book for leading a nonprofit. Thus, when he retired, he wrote his own. In this episode, we cover several chapters of the book, including the “Essence of Grantmaking," managing your investment managers, and a foundation's approach to values, mission, strategy, and vision. To end the episode, Malcolm provides great advice for CEOs, “trust is your currency” and to board members, “listen.” Malcolm’s website: malcolmmacleodauthor.com Timestamps: 00:00 Introducing Malcolm MacLeod 03:10 The role of the CEO and board 04:35 The reason for writing the book, the transition from for-profit to foundation work 07:00 What do board members/leaders need to know about the "Essence of Grantmaking"? 08:35 What have you found to be solid principles of Foundation investing? 10:55 Control your investing costs 11:20 How do you keep your board informed of investment policy? 13:30 Compare and contrast your view of Governance as a CEO and now as a Board Chair 15:06 Positives and negatives of being CEO and Board Chair 17:45 How do you advise Foundation leaders to approach Values, Mission, Strategy and Vision? 20:50 Discuss your epiphany about the grantmaking process 25:20 How might a board "manage" its investment managers? 27:35 Closing advice to a CEO 29:00 Advice for a board member 31:23 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| 5 Reasons Why You Should Attend a Conference for Personal Development | 19 Mar 2024 | 00:03:53 | |
In this episode, Michael shares insights from the Florida Philanthropic Network Annual Summit, highlighting five reasons why nonprofit professionals should attend conferences. He emphasizes networking, learning, idea generation, growth through association, and team building as essential benefits. Michael urges nonprofit leaders and board members to prioritize conference participation for personal and organizational development. Join us for a practical discussion on leveraging conferences to drive nonprofit success. Timestamps: 00:00 The importance of attending conferences for personal development 01:10 Meet new people 01:30 Learning about topics of interest for your industry 02:00 Get new ideas 02:20 Growth through association 02:42 Teambuilding 03:10 Board members, encourage the CEO to pursue personal development opportunities Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Walk and Talk Your Mission with Take Stock in Children Manatee’s Anne LeBaron | 12 Mar 2024 | 00:21:20 | |
This week, we speak with Anne LeBaron, CEO of Take Stock in Children Manatee. Anne had quite the career in the for-profit world as former Sales, Marketing, HR and Recruiting manager before joining Take Stock Manatee as the CEO. Take Stock in Children Manatee is a mentor based organization that partners students with a mentor to earn a scholarship upon graduation from high school. Anne shares her experience transitioning from the for-profit to nonprofit sector including how she utilizes metrics to keep track of performance, as she did in her for-profit jobs. Anne also shares how she took her time getting to know the organization before joining the board. Lastly, Anne provides insight into navigating virtual versus in-person work. Timestamps: 00:00 Introducing Anne LeBaron, CEO of Take Stock in Children Manatee 02:20 How Anne became CEO and transitioning from Board member to CEO 05:40 Cutting fundraising events that were not worth the effort, focusing more on the mission 07:15 How Anne’s experience in the for-profit sector helps with her nonprofit leadership 08:35 Biggest challenge going from for-profit to nonprofit 09:50 Balancing in-person versus online work 12:23 Anne’s approach to fundraising and utilizing the board to fundraise 16:00 What does the CEO need from their board? 18:22 Advice for someone transitioning from for-profit to nonprofit 20:00 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| 3 Easy Ways to Fundraise as a Nonprofit Board Member | 05 Mar 2024 | 00:05:49 | |
This week, we discuss 3 easy ways to fundraise as a nonprofit board member. Fundraising as a nonprofit board member can be a contentious topic. Most people do not join a nonprofit board to fundraise. However, it is your responsibility as a board member to ensure the financial stability of your organization. Fundraising as a board member does not mean you have to ask for money! Many people are uncomfortable making an ask. However, you should be making connections to your CEO/Development Director, participating in events, and making a personal financial contribution. Remember, the organization in which you serve as a board member should be your primary philanthropic focus. Timestamps 00:00 Fundraising as a nonprofit board member - You do not have to make the ask 01:45 Make connections for your CEO/Development Director 02:37 Participate in events 03:10 Make a personal financial contribution Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| The CEO's role is Chief Cheerleader with Florida Cultural Group CEO Janene Amick | 27 Feb 2024 | 00:29:15 | |
This week, we speak with Janene Amick, CEO of Florida Cultural Group. Janene has been part of Florida Cultural Group (f/k/a Manatee Players, Inc.) for 19 years, beginning as a board member. Together, we discuss her role as Chief Cheerleader, her approach for fund development, and how she encourages her board members to fundraise. We also talk about how the role of CEO for nonprofit organizations has changed, staying up to date on 501(c)3 rules and regulations, and advice for new CEOs. Timestamps: 00:00 Introducing Janene Amick, CEO of Florida Cultural Group 03:50 What is the role of the nonprofit CEO? 06:30 How do you approach fundraising? 07:40 Not all donations are cash based 10:30 Legacy giving is long term 12:20 How do you engage your board members when it comes to fundraising? 18:00 How often and how do you interact with board members and your board chair? 22:30 How has the role of CEO changed over your career? 25:37 Advice for new CEOs 28:00 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| 5 Leadership Tips for Nonprofit CEOs | 20 Feb 2024 | 00:06:38 | |
This week we are discussing leadership tips and ideas for nonprofit CEOs. In this episode, we cover 5 easy to implement leadership tips any nonprofit CEO can benefit from. Michael has been working with nonprofit CEOs for the past several years. These tips are a culmination of what has worked the best for these CEOs when it comes to stakeholder buy-in, time management, and board chair relationship growth. Timestamps: 00:00 Tips and ideas for nonprofit CEOs 01:10 #1: Review the mission every meeting 01:45 #2: Schedule 30 and 45-minute meetings instead of 1-hour meetings 02:35 #3: Have set meetings scheduled with the board chair 03:20 #4: Have informal conversations with your staff, clients, and donors 04:12 #5: Schedule time to think on your calendar 05:35 Bonus Tip: Pace yourself as a leader Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Fill Your Own Cup with Erin McLeod, President & CEO of Senior Friendship Centers | 13 Feb 2024 | 00:34:33 | |
This week, we speak with Erin McLeod, President & CEO of Senior Friendship Centers. In this episode, we discuss her philosophy working with the board of directors, leadership style, and that board succession planning doesn’t always go as planned. We also talk about her thoughts on transparent leadership, including staff in board meetings, and setting goals with the incoming board chair. Timestamps: 00:00 Introducing Erin McLeod, President & CEO of Senior Friendship Centers 04:50 How do you work with your board of directors? 08:40 How do you engage staff with the board? 11:30 Erin’s relationship with your board chair 13:50 The board chair succession plan doesn't always go as planned 16:20 Being the conductor of the organization 17:50 Annually mapping out the year with the board chair and going from 6 to 4 board meetings a year 22:00 How often do you interact with the board members? 23:30 How do you manage your calendar? 28:30 Advice for a new CEO Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Board Chair Orientation Continued - Keys to Success | 06 Feb 2024 | 00:07:32 | |
This week, we continue our conversation from episode 69, “You are the new board chair, now what?” In this episode, we discuss the keys to success as a board chair and top decisions to avoid. If you follow these keys, we believe you will have a successful tenure as board chair. Timestamps: 00:00 Board Chair Orientation continued 01:20 Keys to success 04:20 Things to avoid Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| The Board Chair who tackles big, hairy, audacious goals, Tom Koski | 30 Jan 2024 | 00:33:34 | |
This week, we are speaking with Sarasota Orchestra’s board chair, Tom Koski. Together, we speak about how he got into philanthropy in Sarasota, fundraising for capital campaigns as a board chair, and the massive projects he has been involved with in Sarasota County. The secret sauce to a capital campaign? Tom say's it is communicating the need. You take on massive projects because the sustainability of your organization is challenged without it. These projects are not "want to have's" they are "need to have's". Timestamps: 00:00 Introducing Tom Koski and how he got involved in philanthropy in Sarasota 05:48 How did you approach fundraising for the first time? 08:50 Fundraising for big projects comes down to need 13:20 How do you convince your board of the need for these projects? 14:50 How does the idea of the concert hall come to fruition? How does it move from idea to action? 23:15 What is the board chair’s role? 28:12 Why do projects like this fail? 31:00 How do the board chair and CEO work together on a big project? 32:30 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Building & Strengthening Relationships Among Board Members | 30 Jul 2024 | 00:02:44 | |
This week, we discuss the need to have strong relationships around the board room. These relationships don't just happen at board meetings. You need to be intentional about forming relationships among your board members. This means, creating opportunities every meeting for people to get to know each other, having off-site board retreats where board members can share a meal, and remembering that just because they meet once per month, does not mean the board is getting any closer. Timestamps: 00:00 - Building and strengthening relationships among board members 01:10 - Be intentional about creating connection Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| You are the new board chair, now what? | 23 Jan 2024 | 00:06:30 | |
Congratulations! You are the new board chair. Now what? Many organizations have just welcomed a new board chair, or will be welcoming one in the upcoming months. In this episode, we discuss the roles and characteristics of a board chair. We also touch on the initial steps a new board chair should take to get their tenure off to a positive start. Timestamps: 00:00 You are the new board chair, now what? 01:05 Roles of the board chair 01:35 Characteristics of a good board chair 03:30 Initial steps of a new board chair Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Governance, Mergers, & Succession with Empath Health’s CEO Jonathan Fleece | 16 Jan 2024 | 00:39:50 | |
This week, we are speaking with Jonathan Fleece, President and CEO of Empath Health. Empath Health is a $380m, 3000+ employee hospice, home health, and senior care oriented organization serving 60,000+ people from central to southwest Florida. Jonathan shares with us how he came to be the CEO of Empath Health, the needs of a CEO from their board members, and merging nonprofit organizations. “The two most important days in your life are the day you are born and the day you find out why.” We are grateful Jonathan found out why, and is helping make our community a better place as CEO of Empath Health. Timestamps: 00:00 Introducing Jonathan Fleece, President and CEO of Empath Health 06:20 Stepping off the board to interview for the CEO position 08:25 Compare the roles of a board member and CEO 11:40 For an organization of your size, what do you need from the board? 17:15 Communication between the CEO and the board 22:20 Merging organizations and nonprofit boards 27:00 What was the process of merging organizations? 30:20 Differences between running a nonprofit and for profit? 33:55 Biggest learning curve? 37:10 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| The Basics of Board Ethics | 09 Jan 2024 | 00:06:28 | |
This week, we are discussing board ethics. How to remain ethical while on a board, typical examples of potentially unethical behavior, and a litmus test to determine whether or not you should take specific actions. “Are the actions I take going to break the public trust? Then you shouldn’t do it.” Timestamps: 00:00 - Board Ethics 01:20 - It starts with the IRS and State code 02:50 - Why is this important? 03:20 - Specific examples 05:40 - Be intentional about joining a nonprofit board Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| ”Why” and ”How” of Good Governance with a former CEO and now Board Chair Mary Ruiz | 02 Jan 2024 | 00:30:03 | |
This week, we speak with Mary Ruiz, former CEO of Centerstone of Florida (f/k/a Manatee Glens) and newly elected board chair of MCR Health, Inc. In this episode, we discuss how Mary's experience as a CEO helps her be a more effective board member, why the Executive Committee may be a relic of the past, and how to get the most out of fellow board members. With her wisdom and experience, Mary gives valuable and useful tips for CEOs, board members, and nonprofits. Timestamps: 00:00 Introducing Mary Ruiz 02:40 How did you become CEO of Centerstone? 03:53 What does a CEO need from their board? 05:50 How did you structure your board meetings? 10:25 How does being CEO make you a better board member? 12:20 Recruiting board members for a specific purpose 16:00 What should board members avoid doing? 20:20 Compare and contrast the roles you have had 23:05 Advice for CEOs 25:30 Advice for board members 27:27 You are not having enough fun Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Refresh Your Strategy in 2024 | 26 Dec 2023 | 00:03:46 | |
You do not need to create a new strategic plan every year. However, it would be of value to update your current strategic plan. We do this through a "strategy refresh". A short facilitated session in which we help you refresh your strategic plan with up-to-date information and knowledge. In an ever changing environment, your strategic direction should be influenced by the best and most recent information available. Timestamps: 00:00 The last podcast of 2023 01:05 Strategy Refresh Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast
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| Nonprofit Board Members: Do This Before 2024 | 19 Dec 2023 | 00:06:06 | |
As the year comes to an end, there are a few tasks nonprofit board members can complete to wrap the year up successfully. These short but powerful tasks can help you get a head start on the new year and be prepared for your board responsibilities in 2024. Timestamps: 00:00 What can you do as a board member before the end of the year? 01:20 #1 - Read your bylaws 01:50 #2 - Catch up on meeting minutes 02:40 #3 - Tell someone about your involvement with the organization 03:28 #4 - Make a donation 04:20 #5 - Send your executive director a note of appreciation Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| The Podcast For Prospective Nonprofit Board Members | 12 Dec 2023 | 00:05:07 | |
This week, we discuss aspects of nonprofit board membership prospective board members should consider before joining a board. Everyone on the board should be willing to give their time, talent, and treasure to their organization. Be sure to ask plenty of questions prior to joining a board to have a clear understanding of the level of commitment the organization is expecting. Timestamps: 00:00 The Podcast for Prospective Nonprofit Board Members 01:15 Giving your time 02:08 Giving your talent 02:54 Giving your treasure Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| The First Time Board President - A Discussion with Cheryl Evans of Project Light | 05 Dec 2023 | 00:25:14 | |
This week, we are speaking with Board President of Project Light of Manatee, Cheryl Evans. Together, we discuss how Cheryl got involved in Project Light, stepping into the board president role for the first time, and how she is growing in the position. Cheryl candidly shares with us her successes and struggles. Including overcoming obstacles to recruit board members, facilitating the board meetings, and recognizing staff and board members. Timestamps: 00:00 Introducing Cheryl Evans 04:30 How did you become board president? 08:00 What have been your biggest challenges as board chair? 10:00 How Cheryl recruited board members 12:00 How do you structure your board meetings? 14:30 Interacting with the Executive Director 17:40 How do you recognize staff and board members? 21:17 Advice to an incoming board chair 23:50 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| The Secret to a Successful Board Retreat? Detailed Preparation and Planning | 28 Nov 2023 | 00:10:36 | |
A board retreat is a wonderful opportunity for board members to get to know each other, to plan for the upcoming year, or discuss an important topic in depth. However, these can only be achieved with a properly planned retreat. Today, we discuss the strategies we use to conduct a productive nonprofit board retreat. Timestamps: 00:00 - Our board retreat process 01:58 - Planning 03:20 - Preparation 05:30 - The run of show 06:50 - Include a meal 08:20 - Using a facilitator 09:00 - Follow up and action items Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Giving Thanks This Season | 21 Nov 2023 | 00:04:42 | |
In the spirit of the season, today we are giving thanks. From us at The Corley Company, we thank the nonprofit organization’s making our community a better place, the leadership and staff that carry out the work, the donors that help make projects happen and the volunteers who give so much of their time. Timestamps: (00:00) Thank You Listeners (01:20) 10% from Listen Notes (01:40) Thank you guests (02:00) Thank you for the organization (02:50) Thank you Executive Directors (03:10) Thank you staff (03:30) Thank you donors (03:40) Thank you board members and volunteers Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Reporting from the Nonprofit Boardroom with Mark Gordon | 23 Jul 2024 | 00:23:57 | |
This week, we interview Mark Gordon, nonprofit board member and Managing Editor of the Business Observer. Together, we discuss Mark’s motivation for serving on nonprofits boards, what he has learned from serving on boards, 501(c)6 vs 501(c)3 service, and preconceptions about serving on boards. Mark is also the host of From the Corner Office, a podcast by the Business Observer which interviews leaders from around the west coast of Florida. Timestamps: 00:00 Introducing Mark Gordon, Managing Editor for Business Observer and nonprofit board member 03:05 Why do you serve on nonprofit boards? 06:00 Finding his voice on nonprofit boards 07:10 501(c)6 vs 501(c)3 service 09:10 What have you learned from serving on boards? 12:40 What keeps you energized as a board member? 15:10 What makes a good board meeting? 16:55 How do you prepare for a board meeting? 17:55 Advice to potential board members 20:55 Parting words - Mark’s experience podcasting 22:22 Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| ”Terming out” Does Not Mean ”Gone Forever” | 14 Nov 2023 | 00:03:11 | |
Imagine giving 3-6 years of your volunteer time to an organization, only to roll off the board and never hear from the organization again. This is a very realistic scenario for many board members. In this week’s episode, we are discussing what happens when you roll off a nonprofit board and how organizations can keep past board members engaged. Timestamps: 00:00 - Board Tenure and when you leave the board 01:30 - How to engage past board members Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| A Masterclass in Board Engagement with Dawn Stanhope | 07 Nov 2023 | 00:30:21 | |
This week, we are joined by the CEO of Boys & Girls Clubs of Manatee County, Dawn Stanhope. When it comes to engaging your board, there aren't many people who do it like Dawn, and she actually has two boards. Listen in to hear Dawn’s strategies for keeping board members engaged, what she looks for when she is identifying new board members, and what a CEO needs from their board. Timestamps: (01:00) Introducing Dawn Stanhope (03:00) What is your approach to working with your board? (04:05) What is the CEOs role in engaging the board? (05:40) Time management with the board (08:50) Quarterly board social (11:00) Identifying board members (16:20) How have you evolved the board to reflect the composition of your clientele? (20:55) What do you need from board members? (22:45) Words of wisdom for new CEOs (26:22) How do you manage everything with the board? (29:00) Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Recruiting Superstar Board Members: The 4 Key Desires | 31 Oct 2023 | 00:05:28 | |
In this week’s episode we talk about what nonprofit board members want. People join nonprofit boards for a multitude of reasons, but we believe they can be narrowed down to 4. They want to contribute, make a difference, grow skills, and build relationships. If your nonprofit board can provide these four things, we believe you will have an easier time recruiting and adding new board members. Timestamps: (00:00) Recruiting nonprofit board members (01:52) #1 - They want to contribute/#2 - Make a difference towards the mission (02:45) #3 - Grow skills and learn new things (03:41) #4 - Build relationships (04:30) Wrapping up Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Don’t Get Sued as a Nonprofit Board Member with Michael Howard | 24 Oct 2023 | 00:30:41 | |
This week we are speaking with Atlas Insurance’s, Michael Howard. Michael has a wealth of knowledge in the nonprofit insurance space and generously shares with us. Michael explains the risks nonprofits need to be aware of that are not insurance related, the actual coverage a D&O insurance policy provides, when nonprofits and nonprofit board members can get in trouble, and most importantly, how to mitigate these risks. This is a must listen to episode for any nonprofit board member. Learn more about or contact Michael Timestamps: (00:00) Introducing Michael Howard (04:00) What risks do nonprofits need to be aware of? (07:40) Trends in risk management nonprofits should be aware of (11:40) What basic types of insurance should nonprofits have? (13:40) Does your E&O and D&O actually cover everything? (15:10) Where do nonprofits get in trouble? (19:00) Other ways nonprofits can mitigate their risk (20:55) What factors would you consider before joining a nonprofit board? (25:17) Anything else? (29:24) Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast
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| Strategy - A Process not a Plan | 17 Oct 2023 | 00:04:40 | |
This week, we are discussing the importance of regular strategic planning. However, you do not have to create a brand new strategic plan every time your previous plan comes to an end. It is possible to update the plan and extend several of the objectives. Along with updating the strategic plan, we discuss the benefits of strategic planning, including engaging internal and external stakeholders, identifying priorities, and coming to a common understanding of the mission. Timestamps: (00:00) Why you might want to consider regular strategic planning (00:35) Biggest benefits of strategic planning - engaging stakeholders (01:40) Engaging Staff (02:30) Identifying priorities (03:20) Discuss the mission Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| 3 Keys for an Executive Director: Collaborate, Communicate, Keep Your Board Engaged with Rick Yocum | 10 Oct 2023 | 00:30:17 | |
This week, we are speaking with Rick Yocum, Executive Director of the Humane Society of Manatee County. Rick had a diverse background of experience before joining the Humane Society of Manatee County. We believe this has contributed greatly to his success. Rick provides us with great information on how to communicate with your board, keeping your board members engaged, managing volunteers, working with your board chair, and more. Rick does this in his clear and concise communication style. Similar to how he recommends communicating with the board. After listening to this interview, it is clear that the animals and people at the Humane Society of Manatee County are in good hands. Timestamps: (00:00) Introducing Rick (03:15) Becoming the Executive Director of the Humane Society of Manatee County (04:35) Biggest learning experience going from for profit to nonprofit? (06:18) How do you communicate with your board? (11:35) How do you keep the board engaged? (13:30) Rick’s approach to board meetings (17:10) Rick’s approach on committees (19:00) Advice for working with the board chair (22:25) Rick’s approach in managing volunteers (25:55) Rick’s last pieces of advice Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| 4 Primary Roles of a Nonprofit Board of Directors | 03 Oct 2023 | 00:05:46 | |
Today, we discuss the 4 primary roles of a nonprofit board of directors. These roles allow the nonprofit board to function as intended, support the organization, and fulfill the fiduciary duties. These 4 roles should be consistent across any nonprofit board, as all nonprofit organizations need support in these four categories. Timestamps: (01:00) 4 Primary Roles of a nonprofit board of directors (01:20) #1 - Governance (01:40) #2 - Oversight and fiduciary responsibility (02:25) #3 - Guidance on the strategic direction (03:05) #4 - Fundraising Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| 1 Year of Podcasting for Nonprofit Board Members | 26 Sep 2023 | 00:07:11 | |
I 501(c) You - The Podcast for Nonprofit Board Members is 1 year old! In the 52nd episode of I 501(c) You, Michael reflects on the guests who have joined us on I501(c) You, he discusses topics from the past year he is seeing in his consulting practice, and he speculates on what the next year holds. Timestamps: (00:00) Past guests (00:35) Happy birthday I 501(c) You! (01:30) Serving on a nonprofit board is the best leadership development experience (03:26) The importance of bylaws (04:57) The importance of the Board Chair & CEO relationship Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Failing Forward - How Adrienne Bookhamer is a Better Executive Director This Time | 19 Sep 2023 | 00:28:11 | |
This week, we speak with Lakewood Ranch Community Fund Executive Director, Adrienne Bookhamer. This is not Adrienne’s first time being an executive director. In fact, her first go-round as Executive Director did not start off well. She almost ran the organization into the ground. However, she learned from her mistakes, resurrected that organization and is now an even better executive director. This is a must-listen for anyone who wants to be an executive director or is a new executive director. Timestamps: (00:54) Interview Starts and Adrienne introduces herself (02:40) Becoming an executive director and running the agency into the ground (05:35) What would have helped you be more successful? (13:00) What advice do you give to new executive directors? (14:35) How do you approach the role differently now? (17:20) As an executive director, find outside support (18:20) Joining an executive director support group (20:10) Tips for creating a stronger relationship with your board of directors (23:00) How a new board chair effects the executive director (23:50) What role should the executive director have in the discussion of the selection of the next board chair? (24:30) Last pieces of advice (26:45) Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Visit us at: www.thecorleycompany.com/podcast | |||
| Characteristics of an Effective Nonprofit Board Chair | 12 Sep 2023 | 00:10:49 | |
This week, we are discussing the characteristics of an effective nonprofit board chair. The role of board chair can seem like an obvious one for those leaders from the for-profit industry looking to give back to their community. However, there are some differences between for-profit leadership and nonprofit board leadership that need to be considered. In this episode, we discuss the primary characteristics and functions of an effective board chair. Timestamps: (00:36) Grounding with the differences between for profit and nonprofit sector (03:20) 4 characteristics of a good board chair (07:20) Primary functions of a nonprofit board chair (10:00) Wrap up Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Visit us at: www.thecorleycompany.com/podcast | |||
| Always be Recruiting New Board Members | 16 Jul 2024 | 00:03:04 | |
This week, we discuss the constant nature of board recruitment. Just because you recently onboarded this year's board members does not mean you can stop. Next year will come, board members will roll off, and new members are needed to come onto the board. Timestamps: 00:00 Always be recruiting board members 00:40 Use your board matrix 01:40 Put them on a committee Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast | |||
| Embrace Professional Development with Dr. Patton McDowell | 05 Sep 2023 | 00:28:11 | |
This week, we are speaking with Dr. Patton McDowell, founder of PMA Nonprofit Leadership. This is a wonderful conversation for anyone, regardless of their involvement in the nonprofit space, to learn how to be intentional about professional development. We discuss the importance of taking a personal retreat, strategic networking to create your personal board of directors, and how nonprofit board members can hire a CEO/ED who is able to advance their expertise and the organization’s. Your Path to Nonprofit Leadership Timestamps: 01:14 - Dr. McDowell introduces himself and talks working with the Special Olympics. 03:55 - Getting the CFRE and embracing professional development 06:25 - Your Path to Nonprofit Leadership 07:50 - What characteristics should a board member seek in a CEO/ED? 11:10 - What is the board's responsibility in professional development for the CEO/ED? 12:25 - How can we work through the “professional development is too expensive” problem? 13:30 - Can you talk about the 7 steps in the book? 16:50 - Taking a personal annual retreat and how to do it 19:20 - Should anyone in the organization think about professional development? 20:30 - How should a CEO respond when a board questions the need for professional development? 22:40 - Strategic networking and creating your personal board of directors 27:00 - Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Visit us at: www.thecorleycompany.com/podcast | |||
| Sometimes you have to Retreat in order to Advance: Nonprofit Board Retreats | 29 Aug 2023 | 00:08:37 | |
A nonprofit board retreat: what is it, why should you have one, and how would you structure 6+ hours to ensure everyone finds value in the event? I have facilitated nearly 100 retreats over the years, and I believe properly approached, getting everyone in the same room for an entire day can be of great benefit to the organization. Structuring a full day's agenda might sound difficult. But as long as you have your objectives in mind and know what success means for the meeting, it can be easier than you think. Timestamps: (00:51) Why should you have a board retreat? (01:40) #1 benefit of a board retreat (02:18) Allocate time for deeper discussions and education (03:00) Set priorities for the year (03:35) How to structure a board retreat? (04:09) Have a purpose and objectives for the retreat (04:43) Define success (05:16) Building out an agenda (06:40) Prepare your board members Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Visit us at: www.thecorleycompany.com/podcast | |||
| Guardians of Growth: The Board’s Role in Investment Management with William Kennedy | 22 Aug 2023 | 00:40:17 | |
Join us this week for an engaging conversation with William Kennedy, the Co-Founder and CEO of RiskBridge Advisors. William takes us on a journey into the realm of investment management, sharing his personal story and sharing the role of RiskBridge Advisors in supporting nonprofit organizations. Gain insight into the considerations the board must weigh when enlisting an investment manager, the significance of the Investment Policy Statement, and discover how your asset allocation eclipses the mere selection of an investment manager as a growth predictor. Timestamps: (01:00) Interview begins, William introduces himself and Risk Bridge Advisors (05:20) What does it mean to be a fiduciary? Why should nonprofits care about it? (09:20) Can you help us understand the concept of risk for nonprofit organizations? (15:00) When should people reach out to you? (20:30) Are you seeing a lot of board turnover recently? (21:55) What should the board’s role in investment management be? (23:30) The importance of the Investment Policy Statement (26:55) How do you help board members understand the investments (29:45) Where do boards make mistakes? (35:15) Anything else you want board members to be aware of? (38:40) Recapping with Read Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Visit us at: www.thecorleycompany.com/podcast | |||
| Tango of Trust: The Delicate Dance of CEO-Board Chair Relationships | 15 Aug 2023 | 00:08:35 | |
This week, we are discussing the importance of the board chair/CEO relationship and why this relationship is so important to cultivate. Just like with any relationship, the board chair and CEO need to be intentional about growing their relationship, set expectations, and be clear on each other's role. Without clear expectations, the board chair might overstep into the operations and or the CEO might overstep into governance. Each person has a specific role they should fulfill. The CEO runs the operations of the organization, the board chair leads the board of directors. Without a working relationship, the CEO or Board Chair can cause problems for the organization, becoming a bottleneck or not providing the support needed to the other. Timestamps: (00:40) The Board Chair and CEO relationship (02:30) Why the relationship can have friction (02:55) Role ambiguity (03:35) Communication (05:00) Conflicting visions for the organization (05:30) Micromanaging the CEO (06:25) Decision making authority (07:00) Personality clash Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: Visit us at: www.thecorleycompany.com/podcast | |||